NOT LISTED FOR SALE

3543 Lower Honoapiilani Rd Unit L207 Lahaina, HI 96761

Estimated Value: $762,000 - $1,206,000

1 Bed
1 Bath
566,280 Sq Ft
1977 Built

Last Sold February 27, 2023

Last sale price $1,040,000 $2 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,887/month

75 Days on Market

Highlights

  • Ocean Front
  • 13 Acre Lot
  • Furnished
  • In Ground Pool
  • Clubhouse
  • Putting Green

About This Home

As of February 2023

Fantastic opportunity to own a direct oceanfront one bedroom one bath at the popular Papakea Resort. L-207 has been remodeled and beautifully furnished and currently in a vacation rental program. Buyer will be required to honor the future bookings. Split system A/C in the living room and Bedroom, tile throughout and a beautiful walk in shower. Please note the existing assessments for seawall and exterior renovations at the property are both paid in FULL for this unit. Papakea boasts two ocean front pools, gazebos, putting greens, shuffle board and koi ponds with lovely tropical gardens. Enjoy sitting on your lanai and watching the ocean life drift by and having a front row seat for the humpbacks Whales during season. The unit right next door is also available unit L-208- what a rare opportunity to own side by side units! Please note wood paddle is excluded.

Last Agent to Sell the Property

Susan DeLoria

Keller Williams Realty Maui-L License #RB-22721 Listed on: 11/22/2022

Keller Williams Realty Maui-L

Last Buyer's Agent

Cimi Morgan

Epic Realty LLC License #RB-21010

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,956

Year Built

  • Built in 1977

Lot Details

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa

Schools

  • King Kamehameha Iii Elementary School
  • Lahaina Intermediate
  • Lahainaluna High School

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Ocean Front

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number 2440010550000

Community Details

Overview

  • High-Rise Condominium
  • Papakea Resort Community
  • Papakea Resort Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Putting Green
  • Tennis Courts

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,956

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Condominium
  • District: Napili/Kahana/Honokowai
  • Other Features: Tennis Court, Club House, Bar-B-Que, Putting Green, Security Guard, Spa/Hot Tub
  • Type: Condo
  • View: Ocean
  • Unit: L-207
  • Unit Configuration: Attached (3 Or More Units In Building)
  • Year Built: 1977
  • Year Renovated: 2019
  • Cov Lanai Deck Sq Ft: 102
  • Geo Subdivision: HI
  • Tax Year Ending: 2022
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile
  • Bathrooms: 1
  • Bedrooms: 1
  • Included: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Drapes, Furnished, Inventory, Microwave, Range, Refrigerator, Smoke/Heat Detector, Tv Cable, Washing MacHine
  • Living Area Sq Ft: 597
  • Price Per Sq Ft: 1742.04
  • Floor Level: 2
  • Passenger Elevator: Three Or More

Exterior Features

  • Construction Data: Concrete
  • Design And Structure: High-Rise 4+ Stories
  • Exterior Finish: Stucco
  • Pool: Yes
  • Roofing: Monier Tile/Tile
  • Substructure: Concrete Slab
  • Waterfront: Oceanfront
  • Pool Type: In-Ground

Garage/Parking

  • Uncovered Number Of Cars: 1

Utilities

  • Room AC Number: 2
  • Sewer: Sewer County
  • Utilities To Site: County Water, Underground Electricity, Telephone, Tv Cable

Condo/Co-op/Association

  • Other Monthly Fees: Maintenance Fees
  • Complex Name: Papakea Resort
  • Monthly Maintenance Fee: 903.46

Schools

  • Elementary School: King Kamehameha III Elementary
  • Middle School: Lahaina Intermediate
  • High School: Lahainaluna High
  • Elementary School: King Kamehameha III Elementary
  • High School: Lahainaluna High
  • Intermediate School: Lahaina Intermediate

Lot Info

  • Assessed Improvement Value: 616000
  • Assessed Land Value: 68100
  • County Zoning: A-2 Apartment District
  • General Land Class: Apartment
  • Land Acres: 13
  • Land Recorded: Land Court
  • Land Sq Ft: 566280
  • State Zoning: Urban
  • Geo Address Line: 3543 Lower Honoapiilani Rd
  • Geo Primary City: Lahaina
  • Geo Quality: 0.95
  • Geo Zoom Level: 16

Rental Info

  • Short Term Rental Allowed: Yes

Tax Info

  • Tax Database Id: 1
  • Taxes Per Month: 675.58
  • Assessor Parcel Number: 2440010550000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2022
Closed on
Feb 22, 2023
Sold by
Islewise Llc
Bought by
William R Carmack And Rebecca D Carmack Livin
Seller's Agent
Susan DeLoria
Keller Williams Realty Maui-L
Buyer's Agent
Cimi Morgan
Epic Realty LLC
List Price
$1,150,000
Sold Price
$1,040,000
Premium/Discount to List
-$110,000
-9.57%
Current Estimated Value
$956,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,306
Avg. Annual Appreciation
-3.10%

Purchase Details

Listed on
Mar 6, 2018
Closed on
May 4, 2018
Sold by
Lee Robert E and Lee Marguerite W
Bought by
Islewise Llc
Seller's Agent
Ronald Roos
Roos Realty
Buyer's Agent
Susan DeLoria
Keller Williams Realty Maui-L
List Price
$645,900
Sold Price
$620,000
Premium/Discount to List
-$25,900
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
William R Carmack And Rebecca D Carmack Livin -- First Hawaii Title Corporation
William R Carmack And Rebecca D Carmack Livin -- First Hawaii Title Corporation
Islewise Llc $620,000 Or
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2023 02/27/23 Sold $1,040,000 -9.6% $2 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $1,150,000 0.0% $2 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
11/22/2022 11/22/22 For Sale $1,150,000 +85.5% $2 / Sq Ft
05/15/2018 05/15/18 Sold $620,000 -4.0% $1 / Sq Ft View Prior Sale
03/29/2018 03/29/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $645,900 -- $1 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,956 $1,136,100 $135,200 $1,000,900
2024 $9,956 $1,067,400 $135,200 $932,200
2023 $9,956 $840,200 $135,200 $705,000
2022 $8,107 $684,100 $68,100 $616,000
2021 $7,777 $700,000 $61,900 $638,100
2020 $7,373 $665,400 $61,900 $603,500
2019 $6,644 $618,000 $56,200 $561,800
2018 $941 $530,300 $51,100 $479,200
2017 $816 $0 $0 $0
2016 $816 $502,300 $48,600 $453,700
2015 $150 $529,300 $48,600 $480,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 397444

Maui MLS (REALTORS® Association of Maui)

APN: 2-4-4-001-055-0347